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Government & Trade

WFCA Urges Members to File Business Interruption Claims, As Several States Begin Introducing Legislation

4/10/2020
DALTON, Ga. -- The World Floor Covering Association (WFCA) continues to urge members to file business interruption claims as states begin introducing legislation to force coverage.

WFCA has released guidance on business interruption insurance and recommended all floor covering retailers and contractors file a claim if they have such coverage. WFCA explained that, while insurance carriers are likely to dispute coverage of this loss, it's important to have the claim on file in light of the many lawsuits being filed and possible legislation. As anticipated, multiple lawsuits have been filed and states are introducing legislation to require insurers to cover business interruption claims due to COVID-19.

Pennsylvania, Louisiana, New York, Ohio, Massachusetts, New Jersey, and South Carolina have all introduced bills that would require insurers to retroactively cover business interruption claims due to COVID-19. It is important that the legislators and governors from these states hear from WFCA members supporting these bills. In addition, WFCA members from states other than those mentioned above should urge their state legislators and governors to introduce and pass similar bills in order to protect the viability of small businesses such as yours.

WFCA, through its lobbing partner, LobbyIt, has a simple and easy to use portal for members to send letters to their state legislators and governors urging the passage of laws that would require insurance companies to pay claims for the business interruption insurance members have paid for over the years. WFCA has prepared the information and relevant links needed for businesses to take action to urge legislators to act, click here and submit your information. The link allows visitors  to send a letter of support via email to your state government officials to let them know how important this issue is to your business. 

If you have any questions or need additional information, please contact WFCA legal counsel, Jeffrey King, at mail to: jeffw@jkingesq.com, or its lobbyist, Max Perkins at mperkins@lobbyit.com.
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